Connecting to LinkedIn...

W1siziisijiwmtuvmdqvmtuvmdgvntqvmzgvnzi1l01ptlrbu0hfqkxpr19vtljftkrfukvex0lnqudfx3jlc2l6zwrfyw5kx3jlbmrlcmvklmpwzyjdlfsiccisinrodw1iiiwimtkymhgxmjuwiyjdxq

Blog

Salesforce.com joins forces to buy Informatica

12/08/2015 by

W1siziisijiwmtuvmdgvmtivmdkvmjmvntkvnzc4l0nsts5qcgcixsxbinailcj0ahvtyiisijywmhg0mdbcdtawm2uixv0

Salesforce.com, the global leader in customer relationship management (CRM) tools, has joined forces with Microsoft to bring about the private sale of Informatica. The buyout was said to be worth $5.3bn (£3.4bn), though the number of shares each firm has in the company has not been revealed. Informatica, the integration specialist, has already been de-listed from NASDAQ; in addition, Anil Chakravarthy, chief product officer, has been announced as the new and acting chief executive officer, whilst the former CEO, Sohaib Abbasi, is to stay with the company as chairman.

It was in Redwood City, California, that Informatica was first founded in 1993. The area is still closely linked with Oracle; however, many other tech firms have seen their beginnings here. Informatica has become a specialist in both cloud and on-site integration; data warehousing; extract, transform and load (ETL); replication; virtualisation; and data masking. Around 5,800 enterprise customers currently utilise its service, including high-profile firms such as Citigroup, BT, General Electric, Time Warner, Johnson & Johnson and News Corp. Annual revenues have now reached $1bn, and as of 2015’s second quarter the firm saw revenue growth of 13%. Taken on its own this is quite considerable growth; however, the profit gains are largely viewed as flat-rate growth, which means the firm is at risk of unsustainable expansion unless seeking partnerships with other firms.

There were several rumours earlier in 2015 that Informatica was to be acquired by Permira ‒ a private equity firm ‒ and the Canada Pension Plan Investment Board. At the time the buyout figure was speculated to be $5.3bn ‒ the same as Salesforce.com and Microsoft’s joint purchase price. For these two companies, buying Informatica might have been seen as a logical step. The integration company already has a strong partnership with Microsoft, aiding the company in its data integration; in addition, Informatica Cloud was launched in 2006 and has become significantly relevant in the modern age, particularly as Salesforce.com has increased its cloud dependence.

There is some speculation over what the joint ownership could mean for the future of Salesforce and Microsoft. By collaborating in the purchase the two companies might simply be attempting to plug gaps in their current portfolios and ensuring that streamlined optimisation continues as quickly and simply as possible, which would be far easier than going through the full acquisition process; alternatively, such a plan could be on the cards, with this private sale just the first step towards an official merger.

About Us

Montash is a multi-award winning global technology recruitment business. Specialising in permanent and contract positions across mid-senior appointments across a wide range of industry sectors and IT functions, including:

ERP Recruitment, BI & Data Recruitment, Information Security Recruitment, Enterprise Architecture & Strategy Recruitment , Energy Technology Recruitment, Demand IT and Business Engagement Recruitment, Digital and E-commerce Recruitment, Leadership Talent, Infrastructure and Service Delivery Recruitment, Project and Programme Delivery Recruitment.

Montash is headquartered in Old Street, London, in the heart of the technology hub. Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid management in permanent and contract roles.

comments powered by Disqus

Social Stream

Latest News

W1siziisijiwmtcvmdmvmdgvmdkvmzkvmtqvmzgxl3dvbwvuigluigj1c2luzxnzlmpwzyjdlfsiccisinrodw1iiiwimzgwedewmcmixv0

Dear 18-year-old me: It’s a woman’s world too

2017-03-08 09:00:00 +0000

With International Women’s Day being all about celebrating the cultural, economic, political and social achievements of women, it highlights the issue of women in technology, which remains a contentious one. Recent research from WISE, which campaigns for gender balance in science, technology and engineering, found that women only make up just 17 per cent of all IT professionals in the UK. Montash Recruitment Consultant Sadiye Booker has shared her exper...

W1siziisijiwmtcvmdivmtuvmtyvntivmjuvnzkwl2n5ymvyigf0dgfja3muanbnil0swyjwiiwidgh1bwiilcizodb4mtawiyjdxq

UK threatened by serious cyber attacks every ...

2017-02-15 16:00:00 +0000

The security of the UK has been threatened by 188 serious cyber attacks in the last three months, a government security chief has said. National Cyber Security Centre (NCSC) Chief Executive Ciaran Martin told The Sunday Times that national security was put at risk by many of these attacks. Martin was speaking ahead of the official opening of the NCSC, which has been set up to protect critical services in the UK from such attacks and improve underlying i...